Quisitive Technology Solutions (CVE:QUIS) Given New C$1.00 Price Target at Canaccord Genuity Group

Quisitive Technology Solutions (CVE:QUIS) had its price target cut by Canaccord Genuity Group from C$1.25 to C$1.00 in a report issued on Wednesday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

Several other brokerages have also recently commented on QUIS. Canaccord Genuity Group reduced their target price on Quisitive Technology Solutions from C$1.50 to C$1.25 in a report on Wednesday, May 17th. Eight Capital lowered their target price on Quisitive Technology Solutions from C$1.50 to C$1.25 and set a buy rating on the stock in a research report on Wednesday. Finally, Cormark lowered their price target on Quisitive Technology Solutions from C$1.20 to C$1.15 in a research report on Wednesday, May 17th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Quisitive Technology Solutions has an average rating of Buy and a consensus price target of C$1.01.

Quisitive Technology Solutions Stock Performance

Shares of QUIS stock opened at C$0.32 on Wednesday. The business’s 50 day simple moving average is C$0.32 and its 200 day simple moving average is C$0.43. Quisitive Technology Solutions has a one year low of C$0.25 and a one year high of C$0.81. The stock has a market capitalization of C$116.54 million, a PE ratio of -7.88 and a beta of 1.01. The company has a debt-to-equity ratio of 39.15, a current ratio of 0.86 and a quick ratio of 0.88.

About Quisitive Technology Solutions

Quisitive Technology Solutions, Inc, through its subsidiaries, provides Microsoft solutions primarily in North America. It offers Microsoft cloud solutions, including Microsoft Azure, Microsoft Dynamics, and Microsoft 365; emPerform, an employee performance management solution; and PayiQ, a cloud-based payment processing and payments intelligence platform.